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Feb. 16, 2022, 8:14 a.m. EST

Wingstop shares sink after profit and revenue misses expectations

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By Tonya Garcia

Wingstop Inc. /zigman2/quotes/206814832/composite WING -0.96% shares sank 6.8% in Wednesday premarket trading after the chicken chain reported fourth-quarter profit and revenue that missed Street expectations. Net income totaled $6.9 million, or 23 cents per share, after a loss of $6.4 million, or 21 cents per share, last year. Revenue of $72.0 million was up from $63.3 million last year. The FactSet consensus was for EPS of 32 cents and revenue of $73.5 million. Domestic same-store sales rose 7.5%. And domestic average unit volume (AUV) reached $1.6 million. Wingstop shares are down 5% over the past year while the S&P 500 index /zigman2/quotes/210599714/realtime SPX +0.19% is up 13.7%.

/zigman2/quotes/206814832/composite
US : U.S.: Nasdaq
$ 134.53
-1.30 -0.96%
Volume: 553,835
Aug. 16, 2022 4:00p
P/E Ratio
100.31
Dividend Yield
0.56%
Market Cap
$4.06 billion
Rev. per Employee
$334,600
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/zigman2/quotes/210599714/realtime
US : S&P US
4,305.20
+8.06 +0.19%
Volume: 2.22B
Aug. 16, 2022 5:48p
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